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词汇 Incomes policy
分类 英语词汇 英语翻译词典
释义

Incomes policy

英语例句库

Any incomes policy must embody the attributes of fairness and flexibility.

任何收入政策都应该具有公平与灵活性之特征。

英语百科

Incomes policy

Demonstration against wage controls during World War II on Parliament Hill in Ottawa, Ontario

Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free market level.

Incomes policies have often been resorted to during wartime. During the French Revolution, "The Law of the Maximum" imposed price controls (by penalty of death) in an unsuccessful attempt to curb inflation, and such measures were also attempted after World War II. Peacetime income policies were resorted to in the USA in August 1971 as a response to inflation. The wage and price controls were effective initially but were made less restrictive in January 1973, and later removed when they seemed to be having no effect on curbing inflation. Incomes policies were successful in the United Kingdom during World War II but less successful in the post-war era.

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